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EQRAZ RESIDENTIAL SERVICING FEES

Fee Type Fees Effective


(November 1st, 2022)
Payments
• Hold Payment $75
• Late Payment $250
Lapse in Fire Insurance (Expired or Cancelled insurance)
• 1st month $100
• Each consecutive month that active fire insurance is not provided $50
Early Renewal $200

Regular Renewal $200

Collections / Mortgage Default


• Returned payment fee $95
• Condominium / Utility Arrears Administration $150
• Bankruptcy / Consumer Proposal / OPD Administration $125
• Default Administration (Legal Action) $700
Tax Arrears Payment Fee
• Less than $1,000 $75
• Exceeding $1,000 $150 or 10% of o/s balance
(greater of)
Tax Administration
• Confirmation of property taxes paid (if proof not provided) $75
Statements
• Information Statement $25
• Reprint of any statement (annual statement, assumption, discharge*) $25
*Discharge reprint is $0 in Alberta and British Columbia
Application to review for Title Transfer $325

Application to review for Assumption $400

Partial Discharge $200

Refinance and Ports $200

Assignments / Transfers
• Alberta $0
• British Columbia $75
• Manitoba $100
• Nova Scotia/Prince Edward Island $25
• Newfoundland $50
• All other provinces $325
File Research (includes account or tax historical data) Up to $100

Request for copy of material from file $25

Discharge
• Alberta $0
• British Columbia $75
• Manitoba $100
• Nova Scotia/Prince Edward Island $25
• Newfoundland $50
• All other provinces $325
Reinvestment fee for 6-month convertible $500

Duplicate Discharge Documents


• Ontario $25
• All Other Provinces $100

FSCO LICENSE NO. 11749

*Note: The fees are subject to change.

November 2022

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